The market was unimpressed with Rox's Scoping Study back in Oct...

The market was unimpressed with Rox's Scoping Study back in Oct 2022 and RR has made the point that he was not the MD
when it was approved by the Board and released.
RR has repeated said that he wants to upscale production and the new discoveries at Paddy's Lode, Midway and perhaps Linda Gossan are the key to make that a reality.
In place of the small 480ktpa plant Rox is likely to have at least a 1mtpa mill and quite possibly 1.2 or 1.5mtpa.
A 1mtpa plant will have a throughput of 1 million ktpa and an annual payable gold output at 100kozs PA.
That compares with 71kozs PA with the original plant.
With an AISC of around $1500 oz and a POG of AU2,800 that generates a cash flow of $130m PA.
There are other advantages.
Total project ounces back in 2021 was 3.2Moz @ 3.6g/t Au
Because of the small mill size the current scoping study can only use 35koz of the 1Moz of near surface, free milling oxide gold.
With a larger mill, especially 1.5mtpa, most of the total resource can become part of the feed.
The downside is that a larger scale operation will cost more and now that Rox owns 100% of the project the company will have to bear all the costs.
But the advantages far outweigh the additional costs.